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OMR flagOmani Rial
(OMR) Insights

Currency of strategically located Gulf nation (Hormuz Strait); 2nd highest-valued Gulf currency; oil and gas exports; Oman as neutral regional diplomatic hub; Vision 2040 diversification

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OMROmani Rial

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Currency Snapshot

Technical specifications, central bank governance, and market standing for Omani Rial.

ISO Code

OMR

Standardized ISO 4217 Currency Code

Symbol

﷼

Unicode Glyphs & Display Symbol

Minor Unit

1/1000 = Baisa Decimals

Subdivision unit definition

Region

Oman

OMR Primary AreaGlobal Trade
Central Bank

Central Bank of Oman (CBO)

Central Bank of Oman (CBO)

Pegged Currency

US Dollar (USD)

Market-determined exchange rate mechanism

Currency Standard: Fiat (USD-pegged)

Classified as Fiat (USD-pegged) in global trade networks

Banknotes

OMR 100 baisa

Coins

5b

Global Network Integration

The FX Intelligence terminal maps the institutional footprint of the Omani Rial, highlighting cross-border utilization and primary trading corridors.

Fiat (USD-pegged)
Classification
USD/OMR (pegged)
Top Pair Mapping
Oman
Main Adoption Regions
Omani Rial Trading Terminal

Verified Authority

Regulated data streams mapped to Central Bank of Oman (CBO).

Economic Intelligence

OMR Market Insights

Deep-dive analysis of the Omani Rial's global impact, remittance role, and institutional influence.

Strong Currency Impact

Strong Currency Impact

N/A (pegged); cheaper imports in effective USD strength

Weak Currency Impact

Weak Currency Impact

N/A (pegged); managed via oil revenues and fiscal management

Remittance Role

Remittance Role

Oman is significant remittance sender from large migrant population; primary destinations India, Pakistan, Bangladesh, Philippines

Central Bank Tools

Central Bank Tools

Reserve Requirements, Interest rates (mirrors Fed), FX Reserves

Support & Resources

Common Questions About Omani Rial

Everything you need to know about OMR exchange rates, banknotes, and historical significance.

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